Guaranty Bancshares Inc (NYSE:GNTY)
$ 34.5999 -0.4001 (-1.14%) Market Cap: 399.85 Mil Enterprise Value: 389.65 Mil PE Ratio: 14.64 PB Ratio: 1.25 GF Score: 72/100

Q3 2022 Guaranty Bancshares Inc Earnings Call Transcript

Oct 17, 2022 / 03:00PM GMT
Release Date Price: $36.35 (+1.82%)
Operator

Good morning, and welcome to Guaranty Bancshares' third-quarter 2022 earnings call. My name is [Nona Branch], and I will be your operator for today's call. This call is being recorded. (Operator Instructions)

Our host for today's call will be Ty Abston, Chairman and Chief Executive Officer of the company; Cappy Payne, Senior Executive Vice President and Chief Financial Officer of the company; Shalene Jacobson, Executive Vice President and Chief Financial Officer of the bank.

To begin our call, I will now turn it over to our CEO, Ty Abston.

Ty Abston
Guaranty Bancshares, Inc. - Chairman & CEO

Thank you, Nona. Good morning, everyone. Welcome to our third-quarter call. As reported in our press release, we -- our company did experience strong growth for the quarter and good financial results. We outlined that we, like everyone is, are anticipating a downturn in the economy starting in Q4 and into 2023. But we do think Texas will remain resilient in this downturn. And our company, we think, is also well positioned for any economic downturn we

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